MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0035544
Afm Solar Mart India Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.11 Cr
▲ 1049% YoY
Net profit · FY 2025
₹74.1 Lakh
Net margin 6.7%
EBITDA · FY 2025
₹1.27 Cr
EBITDA margin 11.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Afm Solar Mart India Private Limited
Data last updated:
Afm Solar Mart India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 22 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74990PN2017PTC169555. Its GSTIN is 27AAPCA3560M1Z7 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Savita Nepali and Hanumant Vishnu Garad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27 Yashashree Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹74.1 Lakh (net margin 6.7%) and EBITDA of ₹1.27 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 27% over five years.
The company is associated with 1 brand: AFM Solar System. As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Afm Solar Mart India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0035544). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afmsolarsystem.business.site.
Company details
CIN U74990PN2017PTC169555
Registration Number 169555
Incorporation Date 22 March 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0035544
Recognitions & Rankings of Afm Solar Mart India
Contact details
Afm Solar Mart India Private Limited's registered office is in Pune, Maharashtra. Its website is afmsolarsystem.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 2 Plot No. 27 Yashashree Park, Vidya Nagar Dhanori S. No. 34 Tingre Nagar, Pune, Maharashtra, India – 411015
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Afm Solar Mart India Private Limited, buy the company report.
Comprehensive company report
Afm Solar Mart India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Afm Solar Mart India operates one associated brand: AFM Solar System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar panel installation, maintenance, and products for energy solutions. | afmsolarsystem.com |
Business activity
The main business activity of Afm Solar Mart India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Afm Solar Mart India Private Limited, buy the company report.
Financials of Afm Solar Mart India Private Limited
FY 2025 filings availableAfm Solar Mart India Private Limited reported revenue of ₹11.11 Cr (up 1049% YoY) for FY 2025.
Revenue · FY 2025
₹11.11 Cr ▲ 1049%
Net profit · FY 2025
₹74.1 Lakh margin 6.7%
EBITDA · FY 2025
₹1.27 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 81%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 339%
3 years · compounded
▲ 55%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years. EBITDA rose 339% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Afm Solar Mart India Private Limited, buy the company report.
Board of directors of Afm Solar Mart India Private Limited
Afm Solar Mart India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Nepali | Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Hanumant Vishnu Garad | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
| Rajvardhan Hanumant Garad | Director | 23 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Afm Solar Mart India Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| L. B. Engineering Private Limited | ₹11.15 Cr (FY 2024) | 22.0% | Kolkata, West Bengal, India | |||
| Sterlite Grid 29 Limited | ₹11.14 Cr (FY 2025) | -75.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Afm Solar Mart India Private Limitedthis company | ₹11.11 Cr (FY 2025) | ₹74.1 Lakh | 6.7% | 1049.0% | Pune, Maharashtra, India | |
| Inox Renewables Limited | ₹11.09 Cr (FY 2020) | -52.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Afm Solar Mart India Private Limited, buy the company report.
Auditor
Afm Solar Mart India Private Limited is audited by KISHOR GUJAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHOR GUJAR & ASSOCIATES | FY 2022 | 116747W |
Shareholding
The shareholding of Afm Solar Mart India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Afm Solar Mart India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101115197 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Afm Solar Mart India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Venus Precision Tools and Components Pvt Ltd Through Edward Joseph Lobo | Pending |
To see the full case history of Afm Solar Mart India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Afm Solar Mart India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Afm Solar Mart India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Afm Solar Mart India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA3560M1Z7 | Maharashtra | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Afm Solar Mart India Private Limited, buy the company report.
Recent activity
Afm Solar Mart India Private Limited has 10 board changes on record since 2017: 4 appointments and 6 cessations. The latest: Rajvardhan Hanumant Garad was appointed as Director on 23 Dec 2025.
Appointed
Rajvardhan Hanumant Garad was appointed as Director.
AGM
Afm Solar Mart India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 101115197 was registered on 24 Jun 2025.
Filing
Afm Solar Mart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Savita Nepali was appointed as Director.
Ceased
Sujit Vishnupant Mokashi ceased to be Director.
Ceased
Savita Nepali ceased to be Director.
Ceased
Tejaswini Vilas Gaikwad ceased to be Director.
Appointed
Hanumant Vishnu Garad was appointed as Director.
Appointed
Sujit Vishnupant Mokashi was appointed as Director.
Ceased
Hanumant Vishnu Garad ceased to be Director.
Ceased
Sima Hanumant Garad ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Afm Solar Mart India is an active private limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 22 March 2017 (9+ years old) and is registered under CIN U74990PN2017PTC169555.
Afm Solar Mart India has 3 current directors:
- Savita Nepali - Director
- Hanumant Vishnu Garad - Director
- Rajvardhan Hanumant Garad - Director
The latest financial statements of Afm Solar Mart India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Afm Solar Mart India is 27AAPCA3560M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Afm Solar Mart India is U74990PN2017PTC169555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afm Solar Mart India has 1 court case on record: 1 filed against it. 1 is pending.
Afm Solar Mart India was incorporated on 22 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Afm Solar Mart India by revenue are L. B. Engineering Private Limited, Sterlite Grid 29 Limited, Inox Renewables Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
Rajvardhan Hanumant Garad was appointed as Director on 23 Dec 2025. Savita Nepali was appointed as Director on 29 Mar 2025. Sujit Vishnupant Mokashi ceased to be Director on 29 Mar 2025. Afm Solar Mart India has 10 board changes on record in total.
Yes, Afm Solar Mart India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0035544).
Afm Solar Mart India can be reached through the website afmsolarsystem.business.site. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages